Outverse Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—7

Report to the directors on the preparation of the unaudited statutory accounts of Outverse Limited For The Year Ended 31 July 2026

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Outverse Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Outverse Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Outverse Limited and state those matters that we have agreed to state to the directors of Outverse Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Outverse Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Outverse Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Outverse Limited . You consider that Outverse Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Outverse Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Robert Fiford FCCA

17/09/2026

dines Accountancy Limited

ACCA

Edinburgh House

170 Kennington Lane

London

SE11 5DP

Page 1

Page 2

Outverse Limited

Balance Sheet

As At 31 July 2026

Balance Sheet

Registered number: 13536761

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,706		25,768

			12,706		25,768
CURRENT ASSETS
Debtors	5	284,747		700,492
Cash at bank and in hand		203,523		1,091,432

		488,270		1,791,924
Creditors: Amounts Falling Due Within One Year	6	(108,863 )		(162,478 )

NET CURRENT ASSETS (LIABILITIES)			379,407		1,629,446

TOTAL ASSETS LESS CURRENT LIABILITIES			392,113		1,655,214

NET ASSETS			392,113		1,655,214

CAPITAL AND RESERVES
Called up share capital	7		123		121
Share premium account			6,494,911		6,494,911
Advance Subscriptions			200,560		-
Profit and Loss Account			(6,303,481 )		(4,839,818 )

SHAREHOLDERS' FUNDS			392,113		1,655,214

Page 2

Page 3

Outverse Limited

Balance Sheet (continued)

As At 31 July 2026

For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K Schmidt

Director

17/09/2026

The notes on pages 5 to 7 form part of these financial statements.

Page 3

Page 4

Outverse Limited

Statement of Changes in Equity

For The Year Ended 31 July 2026

Statement of Changes in Equity

	Share Capital	Share Premium	Advance Subscriptions	Profit and Loss Account	Total
	£	£	£	£	£
As at 1 August 2024	121	6,494,911	-	(3,718,435 )	2,776,597
Loss for the year and total comprehensive income	-	-	-	(1,121,383 )	(1,121,383)

As at 31 July 2025 and 1 August 2025	121	6,494,911	-	(4,839,818 )	1,655,214


Loss for the year and total comprehensive income	-	-	-	(1,463,663 )	(1,463,663)

Arising on shares issued during the period	2	-	-	-	2
Movements in other reserves	-	-	200,560	-	200,560

As at 31 July 2026	123	6,494,911	200,560	(6,303,481 )	392,113

Page 4

Page 5

Outverse Limited

Notes to the Financial Statements

For The Year Ended 31 July 2026

Notes to the Financial Statements

1. General Information

Outverse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13536761 . The registered office is 9th Floor 107 Cheapside, London, EC2V 6DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have made an assessment of the company's ability to continue as a going concern and are satisfied that it has the resources to continue in business for the foreseeable future. Furthermore, the directors are not aware of any material uncertainties that may cast significant doubt upon the company's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% straight line
Computer Equipment	33% straight line

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Page 5

Page 6

Outverse Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2025: 10)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 August 2025	15,228	49,870	65,098
Additions	333	549	882

As at 31 July 2026	15,561	50,419	65,980

Depreciation
As at 1 August 2025	7,411	31,919	39,330
Provided during the period	3,775	10,169	13,944

As at 31 July 2026	11,186	42,088	53,274

Net Book Value
As at 31 July 2026	4,375	8,331	12,706

As at 1 August 2025	7,817	17,951	25,768

Page 6

Page 7

Outverse Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	6,305	2,007
Prepayments and accrued income	4,127	31,507
Other debtors	7,549	7,794
Corporation tax recoverable assets	260,301	634,683
VAT	6,395	24,431
Called up share capital not paid	70	70

	284,747	700,492

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	11,815	40,021
Other taxes and social security	24,646	83,608
Other creditors	1,027	1,796
Accruals and deferred income	71,228	36,906
Directors' loan accounts	147	147

	108,863	162,478

7. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	70	70
Called Up Share Capital has been paid up	53	51

Amount of Allotted, Called Up Share Capital	123	121

8. Advance Subcriptions

During the year, the company received £200,560 in aggregate from three subscribers, each an existing shareholder of the company, under advance subscription agreements in respect of 142,737 Ordinary shares in total, at a subscription price of £1.41 per share. No shares had been allotted in respect of these subscriptions as at 31 July 2026, and the amount received is accordingly held within other reserves pending allotment.

Page 7